This is a canoe and it is very important to the family. It symbolises the tradition the family has with this canoe. It is important to them because they use it for the family rituals of pearl diving.
This is a pearl that Kino found. This is important because it can give Kino all of the things that he wanted. Some of those things were a rifle, a harpoon to replace the one he had lost last year, new cloths, and an education for his little boy Cyotito.